Bitcoin Retreats Toward Key Support Zones

Market snapshot: BTC slips below near-term pivot

Bitcoin has moved lower in recent sessions, failing to sustain gains above recent pivot levels and trading under key short-term moving averages. The pullback has pushed price action toward high-consequence support zones in the low $90,000s. Short-term momentum indicators have shifted in favor of sellers, increasing the likelihood of additional downside if buyers cannot reassert control quickly.

What happened — drivers behind the move

Several factors are typically at play when Bitcoin retreats sharply in a short window:

• Profit-taking following the late-2024–2025 rally, as some traders lock in gains after extended rallies.
• Macro crosswinds, including rate expectations, central bank commentary and equity market volatility that can reduce risk appetite.
• Technical selling triggered as the price fell below important intraday moving averages and trendlines.
• Rotation in and out of spot and derivatives markets, where liquidity can amplify directional moves.

In 2025, institutional participation and ETF flows remain influential. Net flows, regulatory headlines and miner activity continue to shape short-term supply and demand dynamics.

Technical outlook — chart structure and key levels

Short-term price structure shows a clear deterioration. Bitcoin traded lower after failing to reclaim the $95,000 area and now sits below the 100-hour simple moving average, an important baseline for intraday momentum.

Important resistance levels

• Immediate resistance: ~ $95,500 — short-term pivot where sellers have reemerged.
• Trendline and resistance cluster: ~ $96,500–$96,600 — a convergence of previous highs and the intraday bearish trendline.
• Near-term breakout level: ~$97,200 — a decisive close above this would remove pressure and open the door toward higher targets.
• Subsequent targets: $98,500, $99,500, and the psychological $100,000–$100,500 area if momentum turns decisively bullish.

Key support levels

• Immediate support: ~$93,500 — first area where buyers often test conviction.
• Primary short-term support: ~$92,500 — a critical zone that, if lost, increases the probability of deeper declines.
• Lower supports: ~$91,500 and then $90,000 — these zones may attract stronger bids.
• Major structural support: ~$88,500 — a break below this level could accelerate selling pressure in the near term.

On-chain and retracement context

From a recent swing high near $103,998 down to the intraday low around $92,890, Bitcoin has retraced a modest portion of that move and is currently hovering near the 23.6% Fibonacci retracement. This suggests the current pullback remains within a shallow correction range, but failure to stabilize here could lead to testing deeper retracement levels.

Indicator readouts — what momentum says

Short-term technical indicators favor sellers:

• MACD (hourly): Increasing bearish momentum as the MACD histogram extends below the signal line.
• RSI (hourly): Below the neutral 50 mark, signaling that short-term momentum is tilted to the downside.
• Moving averages: Price trading below the 100-hour SMA, indicating the intraday trend is bearish until reclaimed.

Two practical scenarios for traders

Bullish scenario — conditions for a rebound

A bullish reversal requires the market to reclaim and sustain levels above the immediate resistance cluster. Key confirmation steps include:

• Close above $96,500–$97,200 on higher-than-average volume.
• MACD momentum shifting back toward neutral and an hourly RSI moving above 50.
• Follow-through buying toward $98,500 and then $99,500 to confirm a resumed uptrend.

If the market meets these conditions, traders could look for re-entry opportunities on pullbacks with tight risk management, as higher time-frame momentum would begin to reassert.

Bearish scenario — what to watch for continuation

On the downside, a failure to hold major support levels would likely produce further weakness. Bearish confirmation would include:

• Settlement below $92,500 with expanding selling volume.
• Subsequent tests and breaks of $91,500 and $90,000, increasing the chance of acceleration toward $88,500.
• Indicators (MACD/RSI) trending further into bearish territory without divergence signals.

In this scenario, short sellers and risk-off flows could magnify downward moves. Traders should be cautious of rapid downside squeezes and implied volatility spikes in options markets.

Trading considerations and risk management

Volatility remains a core characteristic of the Bitcoin market. Whether trading spot, margin or derivatives, the following risk measures are prudent:

• Define risk per trade and use stop-losses to limit downside exposure.
• Scale position sizes relative to realized volatility and portfolio allocation rules.
• Use clear entry and exit criteria — avoid emotional decisions during sharp moves.
• Monitor liquidity and order book depth around key levels to reduce slippage on large orders.
• Consider using limit orders or staggered execution to achieve better average fills in choppy markets.

Macro and market context in 2025

As 2025 progresses, several macro themes continue to shape crypto market sentiment:

• Interest-rate trajectories and central bank guidance remain a primary driver of risk assets. Any dovish hints can restore speculative demand, while hawkish remarks typically pressure growth-oriented assets.
• Institutional flows into regulated crypto investment products, including ETFs and custody solutions, influence large-scale supply-demand dynamics. Positive inflows have supported price discovery earlier in the year; reversals can act as headwinds.
• On-chain metrics — such as exchange netflows, miner selling, and long-term holder activity — provide an additional lens to assess potential inflection points.
• Regulatory clarity across major jurisdictions continues to evolve. News on compliance, taxation or market structure tends to create episodic volatility.

Traders should combine technical signals with macro context to improve probability-weighted decision-making.

What traders on MEXC should watch and tools to consider

MEXC users can apply several practical approaches when navigating short-term weakness:

• Monitor order book dynamics and use advanced order types to manage execution risk.
• Consider using risk-limiting features such as stop-loss and take-profit orders to automate discipline.
• For directional positions, analyze both spot and perpetual contract funding to identify short-term cost-of-carry signals.
• Leverage portfolio-level risk controls to ensure a single position does not dominate exposure.

Remember that leverage amplifies both gains and losses. Conservative sizing and clear exit plans are especially important in volatile environments.

Key takeaways

• Bitcoin has pulled back below near-term pivot zones and the 100-hour SMA, with momentum indicators turning bearish.
• Critical support sits around $92,500–$93,500; a close below these levels raises the odds of further declines toward $90,000 and beyond.
• Conversely, a decisive reclaim of $96,500–$97,200 on strong volume would reduce immediate downside risk and open higher targets.
• Combine technical levels with macro and on-chain context when forming trading plans, and prioritize robust risk management.

Market conditions can change rapidly. Stay informed with live data, manage risk carefully, and consider both scenario-driven strategies and longer-term allocation principles when positioning around critical support and resistance zones in 2025.

Disclaimer: This post is a compilation of publicly available information.
MEXC does not verify or guarantee the accuracy of third-party content.
Readers should conduct their own research before making any investment or participation decisions.